ADVANCE SOLUTION LLC (MD) - 2020 PPP Loan Borrower Profile (# 8601908307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCE SOLUTION LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Maryland.

Loan Detail

Loan Number

8601908307

SBA Office Code

0353

Processing Method

PPS

Curent Loan Amount

$14,725

Date Loan was Approved

Jan 29, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

36 Months

Utilities Proced

Payroll Proced

14,722

Lender

Bank of America, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541990

Borrower Location

Silver Spring, MD

Project Location

Silver Spring, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.